Yashi Energy: Due to default on margin financing and securities lending debts, the controlling shareholder and concerted parties plan to passively reduce their holdings in the company by 3%.

AsiaStar Energy announced that the company's controlling shareholder, Shanghai Chuangnengming Investment Co., Ltd., and its concerted action party, Shanghai Runhe Tongcai Asset Management Co., Ltd., may passively reduce their holdings due to forced liquidation resulting from default on margin trading debts. The reduction plan will be implemented within 3 months after the disclosure of the reduction plan, starting from 15 trading days after the date of disclosure, with the reduction price determined by the market price at the time of implementation. This matter will not lead to any changes in the company's controlling shareholder and actual controller.